Quick Answer: Tax Deductible Expenses in Bulgaria In Bulgaria, business expenses are tax deductible if they are directly related to the company’s economic activity, properly documented, and reasonable in amount. Common deductible expenses include salaries, rent, utilities, professional services, depreciation, and business travel. Certain costs — such as personal expenses, fines, and undocumented cash withdrawals […]
Quick Answer In Bulgaria, certain business expenses classified as representative expenses—such as client meals, gifts, and business hospitality—are subject to a 10% representative tax. These expenses remain deductible for corporate income tax purposes, but the 10% tax itself is not deductible. VAT on representative expenses is not recoverable. From 2026 onward, thresholds and examples are […]